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5. The exchange rate pass-through Suppose a British television costs 150 in the United Kingdom. When the exchange rate is 0.5 pounds for every dollar, compute the equivalent price in dollars and enter it in the top row of the following table. Price in the United Kingdom () Equivalent Price in Dollars (Dollars) Exchange Rate $1 = 0.5 150.00 $1 = 0.32 150.00 Suppose the exchange rate changes to 0.32 per dollar. This means that the pound_ relative to the dollar. Compute the new equivalent price of a British television in dollars and enter this value in the bottom row of the previous table. Suppose that when the exchange rate changes by 36% from 0.5 pounds to 0.32 pounds per dollar, the price of a British television in the United States changes from $100.00 to $136.00. This means that exchange rate pass-through exists. depreciates appreciates partial complete